Reborn in America, I'm serious about making money.

After Christmas, on the last trading day of 1996, the Hang Seng Index closed at 14651, an increase of more than 70% compared to the beginning of the year. If Zhang San were familiar with the closing price of the Hang Seng Index, he would have noticed that it was more than 1,000 points higher than the original 13451.

Meanwhile, Zhang San had already secretly returned to Hong Kong alone on New Year's Day. Moreover, he took a regular flight, first going to the mainland and then coming from Shenzhen. In fact, very few people have seen Zhang San's passport, which actually says "San Zhang".

Compared to him, Zhou Huimin arrived in Hong Kong only one day earlier.

In a 5,000-square-foot villa halfway up the mountain, besides Zhang San, there were quite a few other people: a group of five traders and fifteen overseas security personnel.

Further out were Zhang San's fifty black-clad "personal guards," who were on standby at all times. Even though Zhang San knew that no one would be watching him all the time, he decided to stay put and survive, adhering to the principle that caution was always the best policy.

"We can't leave here for the next few months. After we finish our work, I'll treat you to a two-month trip to Europe and America. Remember the confidentiality agreement you signed."

"Now, follow my instructions and begin the operation."

Zhang San started buying Hang Seng Index constituent stocks several years ago, but he wouldn't buy companies with poor performance and low net assets.

They started buying heavily as early as 1991, and now the purchase cost has reached an astonishing HK$30 billion, while the actual market value has more than tripled. At the time, this did not include the shares of Lihua Group.

The companies with the highest price increases began to sell off their shares, while on the other hand, Lihua Group's stock saw several large block trades in the past three months.

After the two major controlling shareholders reduced their holdings, their stake decreased from 51.6% to 35%. The two companies reduced their holdings by a total of 16.6% and announced that they would not reduce their holdings further.

Although each of these large transactions did not exceed 5%, these stocks are prohibited from being traded on the secondary market for six months. However, this does not matter, as someone can lend out the stocks and then short sell them.

You can buy back the stocks once they drop; however, now is not the time to short them. Just sell the stocks you've already profited from.

In order to freely cash out his shares on the secondary market, Zhang San resorted to this desperate measure.

Zhang San likes the current environment the most; he can just sell slowly. The enthusiasm for stocks has been ignited.

Moreover, another thing is that his houses have basically all been sold, excluding those owned by Lihua Group, and he is now cashing out.

The daily cash-out rate for this 120 billion yuan worth of stocks is naturally not that fast, and this 120 billion yuan worth of stocks cannot be sold off in a short period of time.

If it's August, the trading period, excluding rest days and holidays, is only a little over a hundred days. That means selling over a billion yuan a day, which is not easy.

This requires skill. Last year, the Hang Seng Index futures, both large and small, made Zhang San seven billion. This year, until August, it's safe.

"Notify the people at Hong Kong Golden Globe that the loan repayment from last November will begin this month." He will sell all his current stocks to pay off the loan.

These stocks, having been held for so long, are now ready for profit-taking. However, since there are too many, it's necessary to sell off some of the stocks that have seen particularly large price increases as soon as possible. As for the high-quality stocks, Zhang San didn't sell them off in bulk.

Especially Hutchison Whampoa's stock. A few years ago, Hutchison Whampoa entered a period of explosive growth in performance, and its stock price continued to rise as a result, but the dividends were not much.

However, some dividends are better than none. Unlike Boss Li, Zhang San didn't use his dividends to buy company stock.

It's not that Zhang San doesn't want to buy, but he's afraid that buying too much at once will cause the company's stock price to collapse.

He had previously borrowed a lot of local currency loans from various branches, finance companies, or offices of Golden Globe Bank in Southeast Asia, and then exchanged them for US dollars.

Besides this loan, and then the act of purchasing US dollars, it can be said that some people have already reaped real benefits.

Zhang San's actions were exactly the same as those of the big short seller, or even a copy of the other party's operations.

Back then, the big short sellers who shorted Southeast Asia used their own US dollars as collateral to borrow local currencies from Southeast Asian countries, and then exchanged them back into US dollars.

Then, those short-term creditors will no longer lend US dollars to these Southeast Asian countries.

Zhang San did the same thing, but he started earlier. In December, Zhang San stopped this operation because the big short sellers began to enter the market.

Earlier, major short sellers had begun to predict the downfall of the Asian economy on Wall Street, pointing out that its current development was problematic and fraught with significant hidden dangers.

These countries' foreign exchange debt is very close to their foreign exchange reserves, which raises the possibility that their foreign exchange reserves are very vulnerable. Moreover, when they are subjected to the simplest attack, given the strength of the capital behind European and American funds, they have no chance of escaping unscathed.

Before the speculative capital entered the market, Zhang San had already prepared his chips, all under the cover of Golden Globe's various Asian branches, trying his best to remain unnoticed.

In early 1997, the exchange rates of Southeast Asian countries were attacked. Like Hong Kong, many Southeast Asian countries used fixed exchange rates.

The exchange rate was 25 baht to one US dollar, but at its lowest point, it dropped to 50 baht to one US dollar. Under such circumstances, it can be said that without external aid or assistance, the country was doomed.

This situation is very common in Southeast Asian countries. Zhang San only wanted to hitch a ride and make a little money; he wasn't that greedy. When he discovered that some bank loans were being secured by US dollars, coupled with fluctuations in the foreign exchange market, he immediately began to withdraw.

His underwater alligator is naturally not comparable to the American giant crocodile; their size is simply not in the same league.

Moreover, he considered himself an Asian hero, and he believed that it was better for the money to be in his own hands than in the hands of speculative capital.

After all, he is also Asian, and the benefits are in the same pot. Moreover, he might even be able to create more jobs for them.

For example, he recalled that recycling and reusing waste materials helped North America process a lot of catalysts.

I heard that the North American side is very satisfied; the charitable foundation handles all kinds of waste at a very high level, and it doesn't pollute North America.

They don't care how the other party handles it; they only care about the outcome.